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J. Walter Thompson

JWT: Layoffs

By Kiran Aditham on April 4, 2011 10:43 AM

Sources familiar with the matter confirm to us that as part of a “reorganization of the agency,” JWT is cutting some staff today. Despite one astronomical number thrown out by a tipster (huge even by 2009 standards), our sources tell us that the layoffs will actually affect “less than five percent” of staff specifically in production, creative and account management.

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